Gold Still Constructive But Resistance Lies Ahead

 | Jan 27, 2015 01:54PM ET

h2 Talking Points
  • XAU/USD inverted head-and-shoulders target lies up ahead
  • Long-term downtrend-line resistance nearing
  • Risk of a material pullback exist a bit higher in the 1325-1345 area
  • Looking for one another push higher out of consolidationbefore pullback